# PPP loan: ETEC INC.
> **$169K** approved 03/06/2021 · Paid in Full · Loan `7757978504`
## Borrower
- **Name:** ETEC INC.
- **Address:** 232 Jefferson St E, Sulphur Springs, TX, 75482-2644
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $169K (100%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $169K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** The City National Bank of Sulphur Springs
- **Servicing:** The City National Bank of Sulphur Springs (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*